Goodwin Procter LLP
3 Embarcadero Center
San Francisco, CA 94111
d. (415) 733-6089
San Francisco II
Nathan Schultz is a partner in Goodwin’s Financial Restructuring practice. He focuses on all facets of the restructuring process, representing investors, creditors, purchasers, debtors, official committees, liquidating trustees and other parties in and out of bankruptcy courts across the United States. He has successfully confirmed and opposed the confirmation of complex Chapter 11 plans, prevailed in bankruptcy appeals, and prosecuted and defended fraudulent transfer and director/officer liability litigation. His practice spans a wide range of industries, including real estate, hospitality, healthcare, gaming and manufacturing.
Prior to joining Goodwin in 2019, Mr. Schultz was of counsel at Fox Rothschild LLP. He also has been a shareholder at Stutman Treister & Glatt PC.
Mr. Schultz has represented sellers and purchasers in sales under section 363(b) of the Bankruptcy Code, including:
The sale of more than 600 gas stations and the sale of an affiliated chain of convenience stores.
The acquisition of a fast casual restaurant chain.
The sale of a not-for-profit health maintenance organization (HMO) to a strategic purchaser and the sale of the headquarters building to a not-for-profit charter school.
The purchase of a Las Vegas convention production company.
The sale of an aerospace parts manufacturing company.
His experience representing debtors includes:
American West Development Inc., negotiating debtor-in-possession (DIP) financing and a Chapter 11 plan to address legacy construction defect liability.*
WATTSHealth Foundation Inc., confirming a Chapter 11 plan that satisfied all claims in full with interest and generated a multimillion-dollar residual charitable contribution for a not-for-profit HMO.*
Clark Retail Enterprises Inc., handling Chapter 11 operational matters pending sale and post-sale wind-up for chain of 600+ gas stations and affiliated convenience store chain.*
His experience representing official committees includes:
Negotiating a $40 million+ settlement for shareholders of Trump Hotel and Casino Resorts Inc., and earning a performance bonus awarded by the bankruptcy court.*
Negotiating settlement for unsecured creditors holding approximately $300 million in claims against Trump Entertainment Resorts Inc., with bifurcated treatment structure to mitigate dilutive claim effects.*
Designing, confirming and implementing a Chapter 11 plan with two liquidating trusts and two litigation trusts to distribute value to 10,000 investor victims of the DBSI Inc. real estate Ponzi scheme.*
Developing and implementing litigation strategy to fund distribution to unsecured creditors of Krystal Koach Inc. from a liquidating trust.*
Mr. Schultz also has served in a fiduciary capacity as distribution trustee for the TER Trust* and as general counsel for the DBSI Liquidating Trusts.*
*Denotes experience prior to joining Goodwin.